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Home BRI

Think tank report calls for closer partnership to reap new benefits from Belt and Road cooperation

News Desk by News Desk
October 15, 2024
in BRI, China
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Think tank report calls for closer partnership to reap new benefits from Belt and Road cooperation

(240722) -- MANZHOULI, July 22, 2024 (Xinhua) -- A drone photo taken on July 17, 2024 shows two China-Europe freight trains running through the Manzhouli railway port in Manzhouli, north China's Inner Mongolia Autonomous Region. According to statistics from Manzhouli Customs, in the first six months of 2024, the Manzhouli railway port has handled 2,327 China-Europe freight train trips. The import and export value with Belt and Road Initiative (BRI) participating countries reached 59.88 billion yuan (about 8.4 billion U.S. dollars), up 3.2 percent compared to the same period last year. Exports are mainly cars, home appliances and other mechanical and electrical products, imports are mainly resource commodities such as coal, metal ores, and grain. (Xinhua/Li He)

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On Tuesday, the Xinhua Institute, a think tank associated with Xinhua News Agency, released a report detailing “eight major steps” proposed by China to enhance high-quality cooperation along the Belt and Road Initiative. The think tank report calls for closer partnership to reap new benefits from Belt and Road cooperation.

Titled “‘Eight Major Steps’ Heralds Promising New Decade of Belt and Road Cooperation,” the report was unveiled at the Belt and Road Forum for International Think Tank Cooperation and the Second Silk Road (Xi’an) International Communication Forum.

The document, structured into three chapters, highlights the “remarkable results” achieved through these eight major steps over the past year, which have established “a solid foundation for the second decade of the Belt and Road Initiative (BRI).” It also discusses the new opportunities these proposals present for future high-quality Belt and Road cooperation.

The report urges BRI partner countries to further implement these proposals, enhance practical cooperation, jointly promote innovative development, and collaboratively tackle risks and challenges.

Announced by China in October 2023, the eight major steps include constructing a multidimensional connectivity network for Belt and Road, supporting an open world economy, conducting practical cooperation, promoting green development, advancing technological innovation, fostering people-to-people exchanges, encouraging integrity-based Belt and Road cooperation, and enhancing institutional frameworks for international collaboration.

 

 Gwadar port in Gwadar, southwest Pakistan

To effectively implement the eight proposals moving forward, there is a need to develop new high-quality productive forces, focusing on green and digital growth, while also expanding collaboration in emerging sectors.

The Xinhua Institute highlights that successful execution of these eight major steps will require deepening solidarity and cooperation to collectively address external risks and build a stronger internal consensus among BRI partner countries.

Additionally, the report urges BRI partner nations to remain alert against systemic negative propaganda spread by certain countries, which includes misleading narratives that depict the BRI as a “debt trap,” “neocolonialism,” or a type of “systemic export,” all aimed at undermining and discrediting the initiative’s reputation.

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